Dayton companies earn state funding to develop new products

A pair of Dayton-area companies have earned state funding to further develop their products.

S.A. Wyze Inc., a technology company located in Riverside, and VyrticalXpress LLC, a UAS transport provider also based in Riverside, each earned a $150,000 grant from the Ohio Third Frontier Technology Validation and Start-up Fund. The funding is used to demonstrate that a technology is commercially viable through activities such as testing and prototyping, with the ultimate goal of moving these new technologies out of the lab and into the marketplace.

Click here to read the complete article.

Story excerpt provided by Dayton Business Journal.

Written by John Bush.

Originally published September 14, 2018.

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